PRICE CHARITIES: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- PRICE CHARITIES (EIN 33-0898712)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-08
- IRS object ID
- 201603139349302215
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-08T15:40:05-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 330885895 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINDSAY & BROWNELL LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4225 EXECUTIVE SQUARE SUITE 1150 | AddressLine1Txt |
| City | LA JOLLA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330898712 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICE CHARITIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRIC | BusinessNameControlTxt |
| Phone | 8585512316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7777 FAY AVENUE SUITE 300 | AddressLine1Txt |
| City | LA JOLLA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT PRICE | PersonNm |
| Person Title | PRESIDENT/DIRECTOR | PersonTitleTxt |
| Phone | 8585512316 | PhoneNum |
| Signature | 2016-10-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHEN J BROWNELL | PreparerPersonNm |
| PTIN | P00232091 | PTIN |
| Phone | 8585589200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT PRICE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7777 FAY AVENUE SUITE 300 | AddressLine1Txt |
| City | LA JOLLA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,574,912 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PRICECHARITIES.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO IMPROVE THE LIVES OF FAMILIES LIVING IN LOW INCOME URBAN COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 19 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $660,079 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,077,884 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,237,593 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,467,707 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,611,070 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $8,205,670 | PYTotalRevenueAmt |
| CY Total Revenue | $9,848,663 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,093,310 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $729,954 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,209,090 | PYOtherExpensesAmt |
| CY Other Expenses | $7,945,473 | CYOtherExpensesAmt |
| PY Total Expenses | $11,302,400 | PYTotalExpensesAmt |
| CY Total Expenses | $8,675,427 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,096,730 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,173,236 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $147,878,880 | TotalAssetsBOYAmt |
| Total Assets EOY | $149,136,805 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $171,104 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $255,793 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $147,707,776 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $148,881,012 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF PRICE CHARITIES IS TO IMPROVE THE LIVES OF FAMILIES LIVING IN LOW INCOME URBAN COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $7,060,582 | ExpenseAmt |
| Revenue | $7,235,326 | RevenueAmt |
| Desc | CITY HEIGHTS REAL ESTATE: THE ORGANIZATION HAS PROVIDED A SAFE, CLEAN AND AFFORDABLE LIVING AND WORK ENVIRONMENT THROUGH THE ACQUISITION AND CONSTRUCTION OF SEVERAL REAL ESTATE PROJECTS IN THE CITY HEIGHTS AREA OF THE CITY OF SAN DIEGO, CALIFORNIA. SUCH PROJECTS INCLUDE THE CONSTRUCTION AND MANAGEMENT OF: A 116 UNIT APARTMENT COMPLEX; A SIX STORY (119,000 SQUARE FOOT) OFFICE BUILDING; A MIXED-USE RESIDENTIAL (92 UNITS) AND RETAIL (20,000 SQUARE FOOT) PROJECT; AND VARIOUS PARCELS OF LAND HELD FOR FUTURE PROJECTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $896,274 | ExpenseAmt |
| Revenue | $46,404 | RevenueAmt |
| Desc | CITY HEIGHTS PROGRAMS: PROVIDE A VARIETY OF SUCCESSFUL PROGRAMS INCLUDING COMMUNITY UPKEEP AND VARIOUS SOCIAL AND EDUCATION SERVICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,956,856 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 19 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CS | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFF FISHER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8585512316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7777 FAY AVENUE SUITE 300 | AddressLine1Txt |
| City | LA JOLLA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| ROBERT PRICE | |||||||||
| PRESIDENT/DIRECTOR | 10.00 | 30.00 | Yes (X) | Yes (X) | $0 | $0 | $20,726 | ||
| ALLISON PRICE | |||||||||
| VICE PRESIDENT/DIRECTOR | 1.00 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SHERRY BAHRAMBEYGUI | |||||||||
| EVP/SECRETARY/DIRECTOR | 11.00 | 29.00 | Yes (X) | Yes (X) | $0 | $800,990 | $64,506 | ||
| DEDE ALPERT | |||||||||
| DIRECTOR/AUDIT CHAIR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JACK KNOTT | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SUE REYNOLDS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TODD GLORIA AUGUST 2015 | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF FISHER | |||||||||
| CFO | 11.00 | 29.00 | Yes (X) | $0 | $586,228 | $59,492 | |||
| LOIS MILLER | |||||||||
| COMMUNITY UPKEEP | 29.00 | 11.00 | $181,020 | $0 | $31,109 | Yes (X) | |||
| JENNIFER BARRON | |||||||||
| FORMER PROGRAM DIRECTOR | 0.00 | 40.00 | $0 | $143,602 | $38,445 | Yes (X) | |||
| ANN BOSSLER | |||||||||
| FORMER DIRECTOR COMMUNITY SCHOOLS | 0.00 | 40.00 | $0 | $115,344 | $27,428 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $181,020 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,646,164 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $241,706 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE PRICE GROUP | |||||
| 7777 FAY AVENUE SUITE 300 | LA JOLLA | CA | 92037 | MANAGEMENT | $1,110,000 |
| BYCOR GENERAL CONTRACTORS INC | |||||
| 6490 MARINDUSTRY PLACE STE A | SAN DIEGO | CA | 92121 | BUILDING CONTRACTOR | $634,752 |
| UNIVERSAL PROTECTION SERVICE | |||||
| PO BOX 101034 | PASADENA | CA | 911891034 | SECURITY | $402,620 |
| MW VASQUEZ CONSTRUCTION | |||||
| 3009 G STREET | SAN DIEGO | CA | 92102 | BUILDING CONTRACTOR | $314,821 |
| PROFESSIONAL MAINTENANCE SYSTEM | |||||
| PO BOX 80038 | SAN DIEGO | CA | 92138 | JANITORIAL | $227,922 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| COMMERCIAL REAL ESTATE PROGRAM | 531120 | $3,851,389 | $3,851,389 |
| RESIDENTIAL REAL ESTATE PROGRAM | 531110 | $3,386,204 | $3,386,204 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,237,593 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,304,587 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,404 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,258,183 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,018,034 | SecuritiesAmt |
| Other | $14,698 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,709,284 | SecuritiesAmt |
| Other | $16,965 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $308,750 | SecuritiesAmt |
| Other | -$2,267 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $306,483 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$2,267 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $308,750 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,848,663 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,281,730 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,566,933 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $501,732 | TotalAmt |
| Program Services | $501,732 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,957 | TotalAmt |
| Program Services | $74,957 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,605 | TotalAmt |
| Program Services | $106,605 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,660 | TotalAmt |
| Program Services | $46,660 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,110,000 | TotalAmt |
| Program Services | $555,000 | ProgramServicesAmt |
| Management And General | $555,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,583 | TotalAmt |
| Management And General | $36,583 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,050 | TotalAmt |
| Program Services | $28,025 | ProgramServicesAmt |
| Management And General | $28,025 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,951 | TotalAmt |
| Management And General | $46,951 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,589 | TotalAmt |
| Program Services | $2,295 | ProgramServicesAmt |
| Management And General | $2,294 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,942,972 | TotalAmt |
| Program Services | $2,931,573 | ProgramServicesAmt |
| Management And General | $11,399 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,081 | TotalAmt |
| Program Services | $52,594 | ProgramServicesAmt |
| Management And General | $20,487 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| REAL ESTATE PROGRAM EXP | $3,318,233 | $3,318,233 | |
| CITY HEIGHTS PROGRAM EX | $339,182 | $339,182 | |
| TAXES AND FEES | $17,832 | $17,832 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,675,427 | TotalAmt |
| Program Services | $7,956,856 | ProgramServicesAmt |
| Management And General | $718,571 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,609,075 | BOYAmt |
| EOY | $7,394,953 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,967,450 | BOYAmt |
| EOY | $2,127,143 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,975 | BOYAmt |
| EOY | $110,616 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $468,495 | BOYAmt |
| EOY | $360,047 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $102,279,617 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,281,355 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,851,616 | BOYAmt |
| EOY | $77,998,262 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,295,877 | BOYAmt |
| EOY | $51,728,407 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,634,392 | BOYAmt |
| EOY | $9,417,377 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,878,880 | BOYAmt |
| EOY | $149,136,805 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109 | BOYAmt |
| EOY | $11,959 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,995 | BOYAmt |
| EOY | $243,834 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,104 | BOYAmt |
| EOY | $255,793 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,707,776 | BOYAmt |
| EOY | $148,881,012 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,707,776 | BOYAmt |
| EOY | $148,881,012 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,878,880 | BOYAmt |
| EOY | $149,136,805 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,173,236 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $289,952 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $277,100 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $660,079 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $1,227,631 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,363,821 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,325,469 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,751,397 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,170,747 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,283,997 | CurrentTaxYearAmt |
| Total | $32,895,431 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,653,773 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,602,569 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,751,897 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,830,826 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,283,997 | CurrentTaxYearAmt |
| Total | $34,123,062 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $275,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $275,000 | CurrentTaxYearMinus3YearsAmt |
| Total | $550,000 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $275,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $275,000 | CurrentTaxYearMinus3YearsAmt |
| Total | $550,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $33,573,062 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,864,569 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,616,612 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $883,003 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,631,880 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,258,183 | CurrentTaxYearAmt |
| Total | $9,254,247 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,864,569 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,616,612 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $883,003 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,631,880 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,258,183 | CurrentTaxYearAmt |
| Total | $9,254,247 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,518,342 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,219,181 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,634,900 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,462,706 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,542,180 | CurrentTaxYearAmt |
| Total | $43,377,309 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.77400 | PublicSupportCY509Pct |
| Investment Income CY | 0.21330 | InvestmentIncomeCYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,137,768 | OtherCostOrOtherBasisAmt |
| Book Value | $12,137,768 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $82,094,641 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,008,388 | DepreciationAmt |
| Book Value | $60,086,253 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,903,309 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,165,413 | DepreciationAmt |
| Book Value | $4,737,896 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,510,935 | OtherCostOrOtherBasisAmt |
| Depreciation | $857,201 | DepreciationAmt |
| Book Value | $653,734 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $632,964 | OtherCostOrOtherBasisAmt |
| Depreciation | $250,353 | DepreciationAmt |
| Book Value | $382,611 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $77,998,262 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CORPORATE SECURITIES | $18,910,758 | C |
| UST NOTES | $14,497,101 | C |
| S&P/INDEXES | $18,529,071 | C |
| S&P OPTIONS/INDEXES | -$208,523 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $51,728,407 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CONSTRUCTION IN PROCESS | $238,392 |
| LAND HELD FOR DEVELOPMENT | $9,178,985 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $9,417,377 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSITS | $188,286 |
| OTHER CURRENT LIABILITIES | $335 |
| PREPAID RENT | $55,213 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $243,834 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | -$12,252,199 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$22,938,138 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $837,276 | OtherRevenueAmt |
| Revenue Not Reported | -$22,100,862 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,848,663 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,848,663 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,813,790 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $138,363 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $138,363 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,675,427 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,675,427 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | FIN 48(ASC 740), INCOME TAXES, PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THERE WAS NO IMPACT TO THE ORGANIZATION'S FINANCIAL STATEMENTS AS A RESULT OF ITS ANALYSIS OF ASC 740-10 AS OF DECEMBER 31, 2015 AND 2014. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | ACCRUAL TO CASH ADJUSTMENT 837,276. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ACCRUAL TO CASH ADJUSTMENT 138,363. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SHERRY BAHRAMBEYGUI | ||||||||||||||
| EVP/SECRETARY/DIRECTOR | $0 | $600,990 | $0 | $200,000 | $0 | $0 | $0 | $41,000 | $0 | $23,506 | $0 | $865,496 | $0 | $0 |
| JEFF FISHER | ||||||||||||||
| CFO | $0 | $486,228 | $0 | $100,000 | $0 | $0 | $0 | $35,754 | $0 | $23,738 | $0 | $645,720 | $0 | $0 |
| LOIS MILLER | ||||||||||||||
| COMMUNITY UPKEEP | $181,020 | $0 | $0 | $0 | $0 | $0 | $23,454 | $0 | $7,655 | $0 | $212,129 | $0 | $0 | $0 |
| JENNIFER BARRON | ||||||||||||||
| FORMER PROGRAM DIRECTOR | $0 | $143,602 | $0 | $0 | $0 | $0 | $0 | $19,019 | $0 | $19,426 | $0 | $182,047 | $0 | $0 |
| ANN BOSSLER | ||||||||||||||
| FORMER DIRECTOR COMMUNITY SCHOOLS | $0 | $115,344 | $0 | $0 | $0 | $0 | $0 | $15,406 | $0 | $12,022 | $0 | $142,772 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 3 | THE EXECUTIVE MANAGEMENT OFFICIALS OF THE ORGANIZATION ARE NOT PAID DIRECTLY BY THE ORGANIZATION. THE VICE PRESIDENT OF THE ORGANIZATION IS NOT COMPENSATED, THE OTHER THREE OFFICERS ARE COMPENSATED BY THE PRICE GROUP, LLC WHICH CHARGES A MANAGEMENT FEE TO THE ORGANIZATION. SOME OF THE OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE MEMBERS OF THE PRICE GROUP, LLC. |
| SCHEDULE J, PART II | THE ORGANIZATION PAYS A MANAGEMENT FEE TO THE PRICE GROUP, LLC ("TPG") FOR CORPORATE MANAGEMENT SERVICES AND OVERSIGHT BASED ON INDIVIDUALS' ALLOCATED TIME DEVOTED TO WORK PERFORMED ON BEHALF OF THE ORGANIZATION. THIS WORK INCLUDES MANAGEMENT SUPERVISORY OVERSIGHT AND BACK OFFICE SUPPORT SERVICES. ALTHOUGH THREE OFFICERS OF THE ORGANIZATION RECEIVED THEIR TOTAL COMPENSATION THROUGH TPG, (1) NONE OF THE PRESIDENT'S COMPENSATION; (2) ONLY APPROXIMATELY $174,000 OF THE EXECUTIVE VICE PRESIDENT/SECRETARY'S TOTAL COMPENSATION (INCLUDING BENEFITS); AND (3) ONLY APPROXIMATELY $130,000 OF THE CFO'S TOTAL COMPENSATION (INCLUDING BENEFITS) WAS INCLUDED IN THE CALCULATION FOR THE ORGANIZATION'S 2015 MANAGEMENT FEE. THE PRESIDENT AND EXECUTIVE VICE PRESIDENT/SECRETARY ARE ALSO MEMBERS OF TPG. THE PRESIDENT, EXECUTIVE VICE PRESIDENT/SECRETARY AND CFO OF THE ORGANIZATION SPEND THE REMAINDER OF THEIR WORKING TIME (I.E. HOURS LISTED FOR RELATED ORGANIZATIONS IN PART VII) WORKING FOR PRICE PHILANTHROPIES FOUNDATION, THE PRICE GROUP, LLC, AND OTHER RELATED ENTITIES. ALTHOUGH EXECUTIVES AVERAGE MORE THAN 40 HOURS WORK DURING A WEEK, THE REPORTED AVERAGE HOURS PER WEEK LISTED IN COLUMN B OF FORM 990, PART VII, SECTION A IS BASED ON A 40 HOUR WORK WEEK. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| THE PRICE GROUP LLC | |||
| ASSET MANAGER SOME COMMON OFFICERS AND DIRECTORS WITH PRICE GROUP, LLC | $1,110,000 | ASSET MANAGEMENT FEE | 0 |
| THE PRICE GROUP LLC | |||
| ASSET MANAGER SOME COMMON OFFICERS AND DIRECTORS WITH PRICE GROUP, LLC | $193,811 | EXPENSE REIMBURSEMENTS | 0 |
| PRICESMART INC | |||
| SOME COMMON DIRECTORS WITH PRICESMART INC. | $1,931,630 | PRICESMART INC. DIVIDENDS | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | A DECISION WAS MADE BY THE MANAGEMENT OF THE ORGANIZATION AND PRICE PHILANTHROPIES FOUNDATION, A RELATED NONPROFIT ORGANIZATION, THAT BEGINNING IN 2015, THE MANAGEMENT OF THE APRENDER Y CRECER PROGRAM WOULD BE MOVED TO PRICE PHILANTHROPIES FOUNDATION. |
| FORM 990, PART VI, SECTION A, LINE 2 | ROBERT PRICE AND ALLISON PRICE, HUSBAND AND WIFE. |
| FORM 990, PART VI, SECTION A, LINE 3 | MANAGEMENT SERVICES CONTRACTED TO THE PRICE GROUP, LLC. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 INFORMATION WAS COMPILED FROM THE ORGANIZATION'S ACCOUNTING RECORDS AND PROVIDED TO THE ORGANIZATION'S PREPARER. THE COMPLETED FORM 990 WAS REVIEWED BY THE ORGANIZATION'S CFO. UPON SATISFACTORY COMPLETION OF THE REVIEW PROCESS, A DRAFT OF THE FORM 990 WAS CIRCULATED TO THE ORGANIZATION'S GOVERNING BODY'S AUDIT COMMITTEE FOR REVIEW. THE FORM 990 WAS THEN FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S BOARD OF DIRECTORS REGULARLY DISCUSSES THE IMPORTANCE OF MAINTAINING THE PUBLIC'S TRUST AND CLEARLY COMMUNICATES THIS MESSAGE TO ALL EMPLOYEES. THE ORGANIZATION HAS ESTABLISHED A PROCESS FOR ALL BOARD MEMBERS AND OFFICERS TO FULLY DISCLOSE POTENTIAL CONFLICTS OF INTEREST, INCLUDING THE ANNUAL COMPLETION OF A CONFLICT OF INTEREST FORM BY THE BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION DID NOT PAY ANY COMPENSATION TO ANY OF THE ORGANIZATION'S OFFICERS (SEE DESCRIPTION IN PART VII SECTION A). |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON THE REQUEST OF SUCH DOCUMENTS. |
| FORM 990, PART VII, SECTION A, LINE 1, COLUMN B AND E: | THE ORGANIZATION PAYS A MANAGEMENT FEE TO THE PRICE GROUP, LLC ("TPG") FOR CORPORATE MANAGEMENT SERVICES AND OVERSIGHT BASED ON INDIVIDUALS' ALLOCATED TIME DEVOTED TO WORK PERFORMED ON BEHALF OF THE ORGANIZATION. THIS WORK INCLUDES MANAGEMENT SUPERVISORY OVERSIGHT AND BACK OFFICE SUPPORT SERVICES. ALTHOUGH THREE OFFICERS OF THE ORGANIZATION RECEIVED THEIR TOTAL COMPENSATION THROUGH TPG, (1) NONE OF THE PRESIDENT'S COMPENSATION; (2) ONLY APPROXIMATELY $174,000 OF THE EXECUTIVE VICE PRESIDENT/SECRETARY'S TOTAL COMPENSATION (INCLUDING BENEFITS); AND (3) ONLY APPROXIMATELY $130,000 OF THE CFO'S TOTAL COMPENSATION (INCLUDING BENEFITS) WAS INCLUDED IN THE CALCULATION FOR THE ORGANIZATION'S 2015 MANAGEMENT FEE. THE PRESIDENT AND EXECUTIVE VICE PRESIDENT/SECRETARY ARE ALSO MEMBERS OF TPG. THE PRESIDENT, EXECUTIVE VICE PRESIDENT/SECRETARY AND CFO OF THE ORGANIZATION SPEND THE REMAINDER OF THEIR WORKING TIME (I.E. HOURS LISTED FOR RELATED ORGANIZATIONS IN PART VII) WORKING FOR PRICE PHILANTHROPIES FOUNDATION, THE PRICE GROUP, LLC, AND OTHER RELATED ENTITIES. ALTHOUGH EXECUTIVES AVERAGE MORE THAN 40 HOURS WORK DURING A WEEK, THE REPORTED AVERAGE HOURS PER WEEK LISTED IN COLUMN B OF FORM 990, PART VII, SECTION A IS BASED ON A 40 HOUR WORK WEEK. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION DID NOT CHANGE IT'S AUDIT OVERSIGHT PROCESS OF SELECTION PROCESS DURING THE TAX YEAR. |
| FORM 990, PART I, LINE 5 AND PART V, LINE 2A: | ALTHOUGH THE TOTAL NUMBER OF EMPLOYEES REPORTED ON FORM W-3 WAS 19, THAT NUMBER INCLUDES 11 EMPLOYEES AND 8 PITCH LOAN RECIPIENTS REQUIRED TO RECEIVE W-2'S AS A RESULT OF RECEIVING RENT CREDITS OR INTEREST CREDITS FOR VOLUNTEERING IN CITY HEIGHTS AS PART OF THE ORGANIZATION'S CHARITABLE MISSION. |
| SCHEDULE R, PART II | ON FEBRUARY 14, 2014 THE PRICE PHILANTHROPY FUND WAS INCORPORATED AS AN EXEMPT DELAWARE CORPORATION. THIS ENTITY HAS A TAX IDENTIFICATION NUMBER OF #46-5129465. IN 2016 THE PRICE PHILANTHROPIES FOUNDATION WITH TAX IDENTIFICATION NUMBER #95-3842468 WILL MERGE INTO THIS NEW EXEMPT DELEWARE CORPORATION AND CONTINUE ALL PRIVATE FOUNDATION ACTIVITIES UNDER THIS NEW ENTITY. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| CITY HEIGHTS REALTY LLC | |||||||||
| 7777 FAY AVENUE SUITE 300 | LA JOLLA | CA | 92037 | 470847193 | REAL ESTATE OWNERSHIP | CA | $2,421,288 | $38,897,796 | PRICE CHARITIES |
| URBAN VILLAGE RESIDENTIAL LLC | |||||||||
| 7777 FAY AVENUE SUITE 300 | LA JOLLA | CA | 92037 | 330989717 | REAL ESTATE OWNERSHIP | CA | $1,771,786 | $19,775,667 | PRICE CHARITIES |
| FAIRMOUNT & EL CAJON REALTY LLC | |||||||||
| 7777 FAY AVENUE SUITE 300 | LA JOLLA | CA | 92037 | 264122003 | REAL ESTATE OWNERSHIP | CA | $35,521 | $6,085,575 | PRICE CHARITIES |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICE PHILANTHROPIES FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7777 FAY AVENUE SUITE 300 | AddressLine1Txt |
| City | LA JOLLA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 953842468 | EIN |
| Primary Activities | CHARITABLE | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | PRIVATE FAMILY FNDN | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PRICE GROUP LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7777 FAY AVENUE SUITE 300 | AddressLine1Txt |
| City | LA JOLLA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522255962 | EIN |
| Primary Activities | MANAGEMENT OVERSIGHT, BACK-OFFICE SUPPORT | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Predominant Income Type | N/A | PredominantIncomeTypeTxt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICESMART INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9740 SCRANTON ROAD | AddressLine1Txt |
| City | SAN DIEGO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | WHOLESALE/RETAIL | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Ownership | 0.09140 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (1) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (12 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| THE PRICE GROUP LLC - TOTAL MANAGEMENT FEE INCLUDES ITEMS REFERENCED | |
| M | $1,110,000 |
| THE PRICE GROUP LLC - TOTAL MANAGEMENT FEE INCLUDES ITEMS REFERENCED | |
| N | $1,110,000 |
| THE PRICE GROUP LLC - TOTAL MANAGEMENT FEE INCLUDES ITEMS REFERENCED | |
| O | $1,110,000 |
| THE PRICE GROUP LLC | |
| P | $215,685 |
| THE PRICE GROUP LLC | |
| Q | $20,991 |
| THE PRICE GROUP LLC | |
| O | $201,232 |
| PRICE PHILANTHROPIES FOUNDATION - TOTAL RENT PAID | |
| A | $582,043 |
| PRICE PHILANTHROPIES FOUNDATION - TOTAL RENT PAID | |
| J | $582,043 |
| PRICE PHILANTHROPIES FOUNDATION | |
| O | $61,011 |
| PRICE PHILANTHROPIES FOUNDATION | |
| Q | $46,142 |
| PRICE PHILANTHROPIES FOUNDATION | |
| P | $18,163 |
| PRICESMART INC | |
| F | $1,931,630 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART V, LINE 2, COLUMN (C) AND (D): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION CALCULATED ACTUAL COST INCURRED AND PAID AND VALIDATED AGAINST FAIR MARKET VALUE TO DETERMINE THE VALUE OF SERVICES, CASH, AND OTHER ASSETS REPORTED. | ExplanationTxt |